Scottish software firm Eureka Solutions has grown its turnover by 15 per cent to £5.5m.

The East Kilbride-based cloud software business credited a restructure for the revenue hike from £4.8m in the previous year.

David Lindores, CEO of Eureka Solutions, said: “These are great numbers and reflect a real buzz around our company at the moment. Investment in our people is really paying off.

“We started out the financial year by undertaking a restructure of the company into separate divisions. The clarity and focus that has given to our teams has been brilliant.

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“There’s no doubt that our business has also benefitted from the changes in working practices which came about as a result of the pandemic. Those continue to give us a favourable tailwind.

“However, the main reason we are seeing this growth is down to our employees. They are delivering excellence across sales, client relationships and technical solutions. That is what is bringing in more business.”

Headcount at Eureka Solutions increased from 62 to 72 across the financial year to May 31. With further growth expected, the firm will be stepping up its graduate recruitment programme. It says the new divisional structure also gives staff clearer progression paths.

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Under the new divisional structure, Lindores has oversight of the arm which delivers the software package Oracle NetSuite.

Clients that have used Eureka Solutions to deploy NetSuite include  nDreams, St Andrews Links Trust and The Gym King.

Meanwhile Gillian Livingstone, the firm’s chief operating officer, oversees the longest-established area of operations, delivering solutions related to the global-leading accountancy software, Sage. Eureka Solutions has been named ‘Sage Developer of the Year’ five times.

The pipeline of activity also has the firm projecting that turnover will increase for the current financial year, with a target of £5.8m.